In this paper we propose a simple model to forecast industrial production in Italy up to 6 months ahead. We show that the forecasts produced using the model outperform some popular forecasts as well as those stemming from an ARIMA model used as a benchmark and those from some single equation...

This paper explores the relation between vertical disintegration and the co-localization of knowledge intensive business service (Kibs) firms in the metropolitan region of Milan, using micro-geographic data and nonparametric methods. Our main results are that: (i) compared to other manufacturing...

Individual wage expectations of Italian unemployed are studied. The analysis is carried out separately for the North-Central and southern Italian regions using semiparametric additive models. Results show a marked difference in expectations formation across regions. We argue that as far as the...

This paper studies some features of unemployment in Italy using cross section individual micro data. Since unemployment is particularly harsh with respect to youths, interest is focused on 15-29-year-old youngsters. The analysis is carried out using standard logit models and the results show...

Purpose This paper aims to examine how proportional appropriation systems affect the quality of financial reporting in entities controlled by local governments. Design/methodology/approach The authors examine this issue using the setting of Italian municipally owned entities (MOEs) following the...